A lot of words, but very little actual content. So households whose budgets have been "decimated" by rampant inflation are going to spend 10-20k on travel - seems a little internally inconsistent doesn't it? The US economy is forecast to grow by 6% this year (that is in real terms as you would know) and it is a consumer dominated economy - how can that possibly happen if the consumer is struggling? It's a real pity that everything you write is coloured by your negativity on BNPL - a position you have held for a very long time now. So far you couldn't have been more wrong.
A lot of words, but very little actual content. So households...
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